*** PRESS RELEASE ***
N-SIDE LAUNCHES NEW INNOVATIVE SOFTWARE
FOR END-TO-END CLINICAL SUPPLY CHAIN OPTIMIZATION
Unique management tool for minimizing costs, drug waste and risk
Belgium, 12th March 2019 / N-SIDE, a global software consulting company specializing in advanced analytics technologies, today announces the launch of the N-SIDE Suite for Clinical Trials. The new product is the only one on the market that optimizes the entire clinical trial supply chain management process from planning and production through to protocol design and delivery of supplies. State-of-the-art data analytics and machine learning algorithms optimize decision-making and future-proof design & planning.
Managing clinical trials is becoming increasingly complex, with drug companies facing rising pressure to reduce drug waste and minimize costs while maintaining high levels of service for patients. It’s more important than ever that the uncertainty inherent in global trials can be managed in a safe and efficient way to ensure patients receive their medication on time.
The N-SIDE Suite for Clinical Trials provides an innovative solution to these problems, giving pharmaceutical and biotech companies the power to future-proof their clinical trials planning by using an intelligent blend of advanced analytics technologies to produce reliable forecasts. Simulations are run 1000s of times allowing for informed production planning and proactive risk mitigation, ultimately resulting in reduced drug waste.
Rather than stand-alone tools optimizing different components of clinical trials, N-SIDE offers a suite of integrated applications to globally optimize clinical trial supply chain management from start to finish.
The N-SIDE Production App optimizes strategic decisions to achieve the most efficient end-to-end production plan for each compound.
The N-SIDE Supply App optimizes clinical trial supply management from protocol design through to operation of ongoing trials.
The N-SIDE Dashboard App visualizes and allows interaction with data, providing feedback using current trial data and alerting users if studies deviate from the agreed uncertainty assumptions. It allows clinical supply chain teams to share latest status and relevant data with the whole organization, from management to finance.
The N-SIDE apps feed into a single, centralized database allowing information to be shared easily and efficiently between different stakeholders, increasing transparency and communication across the organization and allowing collaborative decision making.
N-SIDE has been an active player in clinical trial supply forecasting and simulation for more than 15 years. The N-SIDE Suite improves on the already successful CT-FAST which facilitates robust forecasting of the supply process. This new suite of applications will enable clinical trial managers in the pharmaceutical and biotech industry to future-proof their clinical trial supply chain management whilst minimizing costs, drug waste and risk.
N-SIDE is an innovative software consulting company in advanced analytics designing optimization solutions for supply chain, operation and energy management. N-SIDE optimizes decisions of some of the largest companies around the world, across a vast range of industries including pharmaceuticals, chemicals, steel, pulp & paper and energy. N-SIDE uses cloud-based cutting-edge technologies and powerful algorithms, such as artificial intelligence and machine learning to solve the most complex industry challenges and turn them into opportunities. N-SIDE’s solutions empower organizations to make agile data-driven decisions to optimize processes and use resources wisely while efficiently managing risk and maximising profits. N-SIDE has been an active player in clinical trial supply forecasting and simulation for more than 15 years.
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